Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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Another word for it is blatant deramping, I thought you said it was heading into a Black Hole or something.
Good find Mark...
"Nikel- you’ve guessed 10p is the floor 6 times.... you’ll be the first one silent when it’s liquidated lol."
The Company's liquidity remains strong. Amigo has sufficient financial headroom and cash on its balance sheet to continue to fund operations and support its customers during this challenging time. Amigo had a cash balance of over £136 million as at 30 June 2020.
Harry - get RSP and you'll be doing less guessing :)
Here’s your provident connection.
https://www.morningstar.co.uk/uk/news/AN_1593595994329102300/provident-financial-picks-former-amigo-ceo-paton-to-head-up-ccd-unit.aspx
Nikel- you’ve guessed 10p is the floor 6 times.... you’ll be the first one silent when it’s liquidated lol.
H8rsssss
last - as before, i never slated the company... I called the price movements. There's a vast difference.
The price is cheap as stated when i originally positioned before it did over 130%
There you go folks... the 10p call and re-positioning and the price is going back up again. 6 times correct now despite the haters who can't deal with it lol.
Buy and hold time...........................
Nothing personal but I take it that you've changed your tune on this given that the bottom seems to have been reached?
As i said, no emotion here and i'm not the one getting personal with anyone. I call the price action as i see it ... it's as simple as that.
I’m not sure what some are not getting here ??? Given we know a buyer is interested at a low figure of 20.9 and the founder and currently highest shareholder thinks it’s worth 5x that you have a bottom and top figure to work with. If you are pessimistic you would take the 20.9 as the figure to work with. So .... anything below that figure is cheap and will return you a profit it’s hardly rocket science!
Buy low sell high but if your timing is slightly out you may need a bit of patience that all!
Surely people aren’t pished off because it didn’t do 200% again in two days ... are they?
"As i said, sentiment can turn just like that. Watch what happens when this starts going up, it will take off..."
Are you ramping this now or what- have you no shame?
Kpet123 - just use any of the charting platforms. RSI is oversold from 15mins timeframes down.... 30 mins as support.
Bought in at 10.2
what do you use to monitor the RSI
Anyone that was buying yesterday at 15-19p was either doing so because they believe in the fundamental value or riding the momentum. If the former... you can now grab them again at a massive discount again.... 10.75p.
As i said, sentiment can turn just like that. Watch what happens when this starts going up, it will take off...
Judge - undervalued is one thing (I agree with that) but trading is another. I was open about all my buys and my sells at the top. My initial target was 20p but when the RSP radically changes are you going to just watch your shares slide (like they did) or not do a thing. I choose to sell at the top - and i called that live. I then called it down to 10p and that happened. I never said on the way back down that the shares were expensive but my comments were purely based on what I was seeing. I suggest we both now crack on as we sit fit. Good luck to you ... and yes with the cash generation each month the shares are cheap.
Nickel - I added this morning. Also no emotion, am looking at the balance sheet and seeing what I saw yesterday when I chose to buy. What hurt me was timing for my broken to execute which left we holding at a loss. Hopefully today’s buy will offset that for me, but I am fine to hold long term if I have to and willing to take the risk here.
you also said on 3 rd july "Iain - I will also talk something down when the price is grossly over priced.
In the case of AMGO however , it's the other way round. It's grossly undervalued. This has a long way to go yet before I'll slice any.... I agree trading is best without emotion, the critique isnt about emotion its about integrity and seems you have none of that either. Just prefer honest subjectivity to dishonest pretense at objectivity always have.
Kozz - the book has firmed, it's ready to go back up again now on any buying. I said 10p/11p. yesterday and that played out today. Now i'm back in again... and no emotion!
Nickel - you were so on target yesterday when I hoped you wouldn’t be, today I hope you are. :)
Judge - I was open about my positioning... not investing but trading according to the RSP, the chart, the price! And buys and sells called live ... and the moves happened every time. Best not to let emotion get involved when it comes to these things.
Second order just filled again below 10p. Book is certainly firming down here again on the RSP.
Remember, it's load before it explodes :) A bit of upward movement and watch sentiment start coming back in again.....
soooo nickel mr positive all the way to your sell price, mr negative all the way down to your buy price and now mr neutral for now because you'd like more slightly cheaper and then back to mr positive!! did i miss anything ??? Not so much nickel investor as tin pot ramper/deramper lol
As suspected, other buyers also starting to load down here. My second buy order isn't going to get filled if that continues so may have to do a Q&D instead